Should I buy this used car?

Asked by Nov 09, 2014 at 03:20 PM about the 2009 Honda Civic EX

Question type: Shopping & Pricing

My buddy just paid off his Honda 09 EX with 127 thousand miles on it and is willing to sell it to me for 5,500. He let me take it on an hour long test drive and it ran absolutely fine, he changes the oil regularly and I know for fact he drives easy and takes it the best mechanic in town. I currently own a 92 Oldsmobile 88 with 131 thousand miles on it. It runs fine now and I just got done putting 700 on it (new fuel tank and CV shaft and Crankshaft sensor).... One of the biggest uncertainties in this for me though is that I'm 25 years old with no credit, I live with my parents and my 13,000$ is the only thing I have going for me financially and I'm afraid to shrink that down. What would you do?

3 Answers

10

According to CarGurus and KBB, $5500 is well below fair market value. However, sounds like he drove the hell out of that car. 127k miles on a 5 y/o car is a TON. Personally I would never buy a car with that many miles to start no matter what the make or model. Unless you absolutely need a new car, I would probably just hold off, especially since you just dropped $700 into the car you are currently driving. And get yourself a credit card to start building up credit!

1 of 1 people found this helpful.
905

You did not state whether the car is an EX or EX-L nor 2 or 4 door...trade in value for 4 door with that mileage is about 4800 (lo EX) -6200 (Hi EX-L). Mileage: You also did not state where the car has spent its life. I know people that live in west (CO, UT, AZ) that drive almost 100 miles one way to work - if the car was originally put into service late 2008 (as a new 2009 model) and spent alot of time highway driving then 21K per year is not out of normal range...on the other hand living in northeast where people commute 5-20 miles one way in stop and go northeast corridor driving , 127k miles is absolutely high. I would think the 2009 civic is safer than the 92 olds (insurance may actually be less)- airbags, antilock, and probably gets better fuel mileage so at 5500 for the civic, fuel savings over time and money from sale of the olds you would probably break even on money spent relatively quickly depending on how much you drive and whether the civic needs any repairs.

2 of 2 people found this helpful.
305

If you don't but it, I'd like to look at it...

Your Answer

Add photo

Related Questions

Civic

Looking for a Used Civic in your area?

CarGurus has 88,603 nationwide Civic listings starting at $995.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search Honda Civic Questions

Honda Civic Experts

#1 Tom Demyan
Tom Demyan
Reputation 980
#1 Jonathan Ford
Jonathan Ford
Reputation 980
#3 Takoda Fraser
Takoda Fraser
Reputation 970
View All

Related Models For Sale

Used Honda Accord
812 Great Deals out of 84,287 listings starting at $1,050
Used Honda Civic Coupe
187 Great Deals out of 16,851 listings starting at $800
Used Toyota Corolla
785 Great Deals out of 73,830 listings starting at $1,995
Used Toyota Camry
1,002 Great Deals out of 90,919 listings starting at $650
Used Honda CR-V
894 Great Deals out of 61,171 listings starting at $988
Used Nissan Altima
1,030 Great Deals out of 81,564 listings starting at $1,200
Used Mazda MAZDA3
229 Great Deals out of 31,862 listings starting at $1,495
Used Hyundai Elantra
571 Great Deals out of 52,575 listings starting at $1,499
Used Honda Accord Coupe
178 Great Deals out of 10,520 listings starting at $1,995
Used Ford Focus
539 Great Deals out of 57,171 listings starting at $1,095
Used Ford Mustang
470 Great Deals out of 45,735 listings starting at $1,999
Used Nissan Sentra
480 Great Deals out of 54,266 listings starting at $900
Used BMW 3 Series
972 Great Deals out of 31,729 listings starting at $1,000
Used Volkswagen Jetta
447 Great Deals out of 40,941 listings starting at $950

Used Cars For Sale

2017 Honda Civic EX For Sale
17,157 listings starting at $18,858
2016 Honda Civic EX For Sale
15 Great Deals out of 475 listings starting at $13,900
2015 Honda Civic EX For Sale
24 Great Deals out of 696 listings starting at $12,777
2014 Honda Civic EX For Sale
41 Great Deals out of 1,250 listings starting at $9,990
2013 Honda Civic EX For Sale
25 Great Deals out of 661 listings starting at $7,890

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.